Publications

1699 publications found

• Working Paper No. 769
  July 19, 2013

  Quality of Statistical Match and Simulations Used in the Estimation of the Levy Institute Measure of Time and Consumption Poverty (LIMTCP) for Turkey in 2006

  Thomas Masterson
  Abstract

  The quality of match of the statistical match used in the Levy Institute Measure of Time and Consumption Poverty (LIMTCP) estimates for Turkey in 2006 is described. The match combines…more

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• Working Paper No. 768
  July 02, 2013

  Evaluating the Gender Wage Gap in Georgia, 2004–2011

  Tamar Khitarishvili
  Abstract

  This paper evaluates the gender wage gap among wage workers along the wage distribution in Georgia between 2004 and 2011, based on the recentered influence function (RIF) decomposition approach developed…more

  Download Working Paper No. 768 PDF (999.00 KB)
• Working Paper No. 767
  June 21, 2013

  Germany and the Euroland Crisis

  Jörg Bibow
  Abstract

  This paper investigates Germany’s vulnerability to the ongoing Euroland crisis. In 2010–11, Germany experienced a strong rebound from the global financial crisis of 2008–09. The Euroland crisis then meant record…more

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• Working Paper No. 767
  June 21, 2013

  Η Γερμανία και η κρίση στην ευρωζώνη

  Jörg Bibow
  Abstract

  Η εργασία αυτή διερευνά την ευπάθεια της Γερμανίας στη συνεχιζόμενη κρίση της ευρωζώνης. Την περίοδο 2010–11, η Γερμανία ανέκαμψε από την παγκόσμια οικονομική κρίση του 2008-09. Η κρίση της ευρωζώνης…more

  Download Επιστημονική εργασία υπό εξέλιξη (Working Paper) No. 767 PDF (4.03 MB)
• Working Paper No. 766
  June 11, 2013

  Heterodox Shocks

  Abstract

  Should shocks be part of our macro-modeling tool kit—for example, as a way of modeling discontinuities in fiscal policy or big moves in the financial markets? What are shocks, and…more

  Download Working Paper No. 766 PDF (328.13 KB)
• One-Pager No. 38
  June 05, 2013

  Financial Reform and the London Whale

  Jan Kregel
  Abstract

  The recent report by the Senate Permanent Subcommittee on Investigations on the operations of JPMorgan Chase’s Synthetic Credit Portfolio unit—aka the London Whale—has brought renewed attention to the risks of…more

  Download One-Pager No. 38 PDF (66.38 KB)
• One-Pager No. 38
  June 05, 2013

  Χρηματοοικονομική μεταρρύθμιση και η «φάλαινα του Σίτι»

  Jan Kregel
  Abstract

  Η πρόσφατη έκθεση της μόνιμης υποεπιτροπής της αμερικανικής Γερουσίας για τις έρευνες σχετικά με τις δραστηριότητες της μονάδας Συνθετικού Χαρτοφυλακίου Πιστοδοτήσεων της JPMorgan Chase, που είναι επίσης γνωστή ως η…more

  Download Μονοσέλιδο No. 38 PDF (230.47 KB)
• Working Paper No. 765
  May 14, 2013

  The Economic Crisis of 2008 and the Added Worker Effect in Transition Countries

  Tamar Khitarishvili
  Abstract

  Following the financial crisis of 2008, transition countries—the economies of Central and Eastern Europe and the former Soviet Union—experienced an increase in female labor force participation rates and a decrease…more

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• Working Paper No. 764
  May 10, 2013

  Modeling the Housing Market in OECD Countries

  Philip Arestis and Ana Rosa González
  Abstract

  Recent episodes of housing bubbles, which occurred in several economies after the burst of the United States housing market, suggest studying the evolution of housing prices from a global perspective….more

  Download Working Paper No. 764 PDF (294.18 KB)
• Policy Notes No. 5
  May 07, 2013

  The New Rome

  C. J. Polychroniou
  Abstract

  The European Union (EU) is a treaty-based organization that was set up after World War II as a means of putting an end to a favorite practice of the Europeans:…more

  Download Policy Note 2013/5 PDF (252.43 KB)
• Working Paper No. 763
  May 07, 2013

  Το πρόβλημα με τα πλεονάζοντα αποθεματικά στο παρελθόν και σήμερα

  Walker F. Todd
  Abstract

  Η παρούσα εργασία εξετάζει από ιστορικό πλαίσιο τα πλεονάζοντα αποθεματικά και αναλύει αν αποτελούν πρόβλημα νομισματικής πολιτικής για την Ομοσπονδιακή Τράπεζα των ΗΠΑ (Fed) ή ένα ενδεχομένως πληθωριστικό πρόβλημα για…more

  Download Επιστημονική εργασία υπό εξέλιξη (Working Paper) No. 763 PDF (457.17 KB)
• Working Paper No. 763
  May 07, 2013

  The Problem of Excess Reserves, Then and Now

  Walker F. Todd
  Abstract

  This working paper looks at excess reserves in historical context and analyzes whether they constitute a monetary policy problem for the Federal Reserve System (the “Fed”) or a potentially inflationary…more

  Download Working Paper No. 763 PDF (147.49 KB)
• Policy Notes No. 4
  April 29, 2013

  Διδάγματα από τo Κυπριακό «κούρεμα» των καταθέσεων για την ασφάλιση των τραπεζικών καταθέσεων στην ΕΕ

  Jan Kregel
  Abstract

  Τον Μάρτιο του τρέχοντος έτους, η κυβέρνηση της Κύπρου πρότεινε ως λύση για την κρίση των Κυπριακών τραπεζών και ως μέρος μιας διαπραγμάτευσης για την εξασφάλιση έκτακτης οικονομικής στήριξης για…more

  Download Σημείωμα Πολιτικής 2013/4 PDF (417.86 KB)
• Policy Notes No. 4
  April 29, 2013

  Lessons from the Cypriot Deposit Haircut for EU Deposit Insurance Schemes

  Jan Kregel
  Abstract

  In March of this year, the government of Cyprus, in response to a banking crisis and as part of a negotiation to secure emergency financial support for its financial system…more

  Download Policy Note 2013/4 PDF (219.45 KB)
• Public Policy Brief No. 129
  April 26, 2013

  More Swimming Lessons from the London Whale

  Jan Kregel
  Abstract

  This policy brief by Senior Scholar and Program Director Jan Kregel builds on an earlier analysis (Policy Note 2012/6) of JPMorgan Chase and the actions of the “London Whale,” and what…more

  Download Public Policy Brief No. 129, 2013 PDF (245.95 KB)
• Public Policy Brief No. 128
  April 20, 2013

  Από τα δίχτυα ασφαλείας στην οικονομική ενδυνάμωση

  Rania Antonopoulos
  Abstract

  Τα προγράμματα κοινωνικής προστασίας περιλαμβάνουν δημόσιες πολιτικές που είναι σχεδιασμένες για να εμποδίσουν ή να απαλείψουν την ανασφάλεια και τη φτώχεια. Σε όλο τον αναπτυσσόμενο κόσμο, οι στρατηγικές κοινωνικής προστασίας…more

  Download Κείμενο Δημόσιας Πολιτικής No. 128 PDF (1.34 MB)
• Public Policy Brief No. 128
  April 20, 2013

  From Safety Nets to Economic Empowerment

  Rania Antonopoulos
  Abstract

  Social protection systems comprise public policies designed to prevent or alleviate economic insecurity and poverty. Throughout the developing world, social protection strategies and the dialogue surrounding them have recently been…more

  Download Public Policy Brief No. 128, 2013 PDF (453.64 KB)
• Book Series
  April 16, 2013

  Ending Poverty: Jobs, Not Welfare

  Hyman P. Minsky
  Abstract

  Although Hyman P. Minsky is best known for his ideas about financial insta­bility, he was equally concerned with the question of how to create a stable economy that puts an…more

• Policy Notes No. 3
  April 15, 2013

  Employment Recovery(?) after the Great Recession

  Michalis Nikiforos
  Abstract

  This policy note discusses the prospects for job creation in the US based on the most recent Levy Economics Institute Strategic Analysis report, Is the Link between Jobs and Output…more

  Download Policy Note 2013/3 PDF (377.37 KB)
• Working Paper No. 762
  April 12, 2013

  Μια ανάλυση για την γαλλογερμανική αντίφαση γύρω από το ευρώ και την τελική μάχη στην ευρωζώνη

  Jörg Bibow
  Abstract

  Υπογραμμίζοντας τις αντικρουόμενες ελπίδες και προσδοκίες μεταξύ Γαλλίας και Γερμανίας για το ευρωπαϊκό κοινό νόμισμα, το κείμενο αναλύει τον τρόπο με τον οποίον συνέβαλε αυτή η κατάσταση στη συνεχιζόμενη ευρωκρίση…more

  Download Επιστημονική εργασία υπό εξέλιξη (Working Paper) No. 762 PDF (967.17 KB)
• Working Paper No. 762
  April 12, 2013

  On the Franco-German Euro Contradiction and Ultimate Euro Battleground

  Jörg Bibow
  Abstract

  Highlighting that France and Germany held largely contradicting hopes and aspirations for Europe’s common currency, this paper analyzes how the resulting euro contradiction conditioned the ongoing euro crisis as well…more

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• Research Project Report
  April 10, 2013

  The Lender of Last Resort: A Critical Analysis of the Federal Reserve’s Unprecedented Intervention after 2007

  L. Randall Wray
  Abstract

  This monograph is part of the Levy Institute’s Research and Policy Dialogue Project on Improving Governance of the Government Safety Net in Financial Crisis, a two-year project funded by the…more

  Download Research Project Report, April 2013 PDF (2.10 MB)
• Working Paper No. 761
  March 29, 2013

  Currency Concerns under Uncertainty

  Sunanda Sen
  Abstract

  The recent declines in China’s financial account balance ended the “twin surplus” era and led to a modest decline in the stock of official reserves, which reflects a reversal in…more

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• Working Paper No. 760
  March 26, 2013

  Indirect Domestic Value Added in Mexico’s Manufacturing Exports, by Origin and Destination Sector

  Gerardo Fujii-Gambero and Rosario Cervantes-Martínez
  Abstract

  As domestic exports usually require imported inputs, the value of exports differs from the domestic value added contained in exports. The higher the domestic value added contained in exports, the…more

  Download Working Paper No. 760 PDF (342.86 KB)